Saudis or Speculators? Oil-Price Finger-Pointing Heats Up

Where to find the answer for expensive oil—Saudi Arabia or Capitol Hill? When Saudi Arabia rebuffed President Bush’s request for more oil production last month, the reasoning was simple: No customers were asking for more oil, so it clearly wasn’t a supply issue. Brother, can you spare 200,000 barrels? (Reuters) So how to read the […]